Mrs. Chanphally U., 30, and her husband, Mr. Vannak Soun, 39, were married in 1985 and have three children: one son and two daughters. One of the children attends school and other two are still young. The family lives along National Road Number One, approximately 20 kilometers from Phnom Penh, the capital of Cambodia.
Chanphally and her husband have been selling gasoline for eight years. They buy some from a gasoline station about 3 kilometers from her village and some from the Khmer-Vietnam border, for resale in their village. The couple wants to build a new house in which to live, but they lack the money. So, Chanphally is asking for her first loan of $1,000 to help build a house.
MAXIMA Mikroheranhvatho is a Cambodian microfinance institution founded in 2000 to help low-income rural and urban people and small- to medium-sized businesses (SMEs) access financial services. Sustainable access to credit helps to create jobs and enables business owners improve their living conditions, educate their children, provide health care to their families, and more. It also enables the rural poor to remain at home with their families, rather than moving to city centers in search of employment.